China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY - Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 1,400 shares, a drop of 62.2% from the April 30th total of 3,700 shares. Based on an average trading volume of 59,300 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.
China Merchants Bank Price Performance
OTCMKTS CIHKY traded down $0.30 on Friday, reaching $31.00. 23,805 shares of the stock traded hands, compared to its average volume of 30,563. The firm's fifty day simple moving average is $29.02 and its 200 day simple moving average is $27.44. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.21. The company has a market cap of $156.36 billion, a price-to-earnings ratio of 7.97 and a beta of 0.28. China Merchants Bank has a 12 month low of $18.20 and a 12 month high of $33.17.
China Merchants Bank (OTCMKTS:CIHKY - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $1.02 earnings per share (EPS) for the quarter. The firm had revenue of $10.16 billion during the quarter. China Merchants Bank had a return on equity of 13.27% and a net margin of 30.16%.
China Merchants Bank Company Profile
(
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China Merchants Bank Co, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels.
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